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DTN Cattle Close/Trends 12/08 15:50

8 Dec 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/08/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 383 WEEK T0 DATE: 1,686 STEERS 90 110.00-100.00 110.00-110.00 110.00 HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 12,040 WEEK TO DATE: 14,532 STEERS 8,325 170.00-170.00 170.00-170.00 170.00 HEIFERS 2,744 170.00-170.00 170.00-170.00 170.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 1,439 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 116 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 6,484 WEEK TO DATE: 9,628 STEERS 2,635 168.00-170.00 168.00-170.00 169.82 HEIFERS 236 170.00-170.00 170.00-170.00 170.00 COMMENTS: A moderate trade in the North today with dressed deals generally $5.00 lower than last week's weighted average basis Nebraska. 5-AREA LV STR AVE PR&WT: $110.41(1428) HIDE&OFFAL: $11.67 -0.07 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 163.87 147.76 45,179 BOX BASED 177.48 159.42 49,801 AVE INDEX 170.68 -1.33 153.59 -1.75 94,980 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 189.48 +0.54 171.42 -0.30 72.55 LDS CH CUTS / 40.04 LDS SEL CUTS / 2.99 LDS TRIM / 23.17 LDS GROUND BOXED BEEF TREND: Frm on Ch & wk on Sel on lt-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/02 $183.17 +$1.49 CUTTER 90% 350# UP C/O: $154.79 +1.66 NAT'L BONELESS BF TRIM: 21.90 lds / Not fully established 90% TRIM: 08 lds: Wtd Avg $193.14 / Weak/lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 116(463) WK AGO 116(462) YR AGO 113(447) MIX: WED SH94/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/26/16 426 6,335 Week Ending: 11/19/16 2,065 8,033 Change from prev week: -1,639 -1,698